DLF a good buy: Hemant Kale, Maia Financial Services Pvt
DLF stock is well above 200-day averages.
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| Hemant Kale, MD, Maia Financial Services Pvt, in a chat with ET Now talks about DLF.
What is your view on DLF?
The uptrend, which has started from the low of 255 from June, has definitely challenged the long term trend which is down in this stock. Stock is well above 200-day averages, clearly depicting higher top higher bottom formations on the daily chart.
Again a reverse head and shoulder breakout on the weekly charts which tells me that the longer term picture for DLF is certainly good. For DLF, you can buy now with a stop loss of around 350 and a target of 450 levels.
What is your view on DLF?
The uptrend, which has started from the low of 255 from June, has definitely challenged the long term trend which is down in this stock. Stock is well above 200-day averages, clearly depicting higher top higher bottom formations on the daily chart.
Again a reverse head and shoulder breakout on the weekly charts which tells me that the longer term picture for DLF is certainly good. For DLF, you can buy now with a stop loss of around 350 and a target of 450 levels.
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